• HV is the home market value ($) To calculate a rent charge, multiply the home market value by 1%. ## How to Calculate Rent Charge? The following example problems outline how to calculate Rent Charge. Example Problem #1: 1. First, determine the home market value ($). In this example, the home market value ($) is given as 250000. 2. Finally, calculate the Rent Charge using the equation above: RC = HV * .01 The values given above are inserted into the equation below: RC = 250000 * .01 = 2,500 ($/month)

Example Problem #2:

The variables needed for this problem are provided below:

home market value ($) = 500000 Entering these values and solving gives: RC = 500000* .01 = 5,000 ($/month)